M J Painters & Decorators Ltd

Key Facts

Net Assets

Current: £43,232

Previous: £45,843

Change: -2,611 (-5.7%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £49,975

Previous: £54,545

Change: -£4,570 (-8.4%)

Comment: Current assets decreased slightly.

Cash

Current: £22,185

Previous: £39,070

Change: -£16,885 (-43.2%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £12,639

Previous: £16,072

Change: -£3,433 (-21.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £37,336

Previous: £38,473

Change: -£1,137 (-3%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £5,896

Previous: £7,370

Change: -£1,474 (-20%)

Comment: Fixed assets reduced noticeably.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.